Trump’s allies level criminal charges against Fed Chair Powell
According to Fox News, US Federal Reserve Chair Jerome Powell is facing criminal charges from pro-Trump members of the House of Representatives. The charges come at a time when the Fed’s recent decisions and use of authority are being questioned.
White House crypto report to be released at the end of the month
According to crypto reporter Eleanor Terrett, the White House will present its first official report on cryptocurrency policy on July 22 and release it to the public by the end of the month. White House officials have confirmed the timing, and the report is expected to provide an important roadmap for the industry.
Republicans propose cuts to SEC budget
Republicans in the House of Representatives have proposed a plan that includes a 7% cut to the SEC’s budget compared to the Biden administration and the elimination of funds allocated for enforcement actions related to a regulation requiring publicly traded companies to report cyberattacks.
SEC Chair Atkins: Ethereum is not a security
Speaking to CNBC, U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that Ethereum ($ETH) is not a security. Atkins’ statement is seen as a significant turning point in the debate over the legal status of crypto assets.
Swedish H100 Group increases its BTC holdings to over 510 units
According to the company’s official statement, Swedish publicly traded company H100 Group purchased an additional 140.25 Bitcoin, bringing its total Bitcoin holdings to 510.28. This purchase indicates that the company is continuing its Bitcoin reserve strategy.
The Bank of England may suspend its digital pound plans
According to foreign media sources, Bank of England officials are considering suspending plans for a digital pound (CBDC) for public use. This step has come to the fore due to growing doubts about the benefits of the project, while the bank is encouraging the private sector to accelerate payment innovation. The bank wants to keep the option of launching a CBDC in the future if deemed necessary.
JPMorgan may consider customers’ crypto assets as collateral
According to a report by Zhitong Finance citing the Financial Times, JPMorgan Chase plans to allow customers to use their crypto assets as collateral for loans by 2026. While the plans may change, the bank declined to comment on the matter.
Capital B increases Bitcoin finance strategy by 10.3 million euros
According to an official statement, European-based public company Capital B (formerly The Blockchain Group) has raised approximately 10.3 million euros in capital to implement its Bitcoin-focused financial strategy. The company also announced the establishment of a subsidiary in Abu Dhabi.
Coinbase launches crypto perpetual futures trading in the US
Coinbase announced that, effective July 21, 2025, US users will be able to trade perpetual futures contracts through the Coinbase Financial Markets (CFM) platform, regulated by the CFTC. Perpetual futures, which offer advantages such as no monthly expiration dates and leverage, account for approximately 90% of the global crypto derivatives market.
Aptos integrates Layer Zero’s WBTC-OFT standard
Aptos has integrated Layer Zero’s WBTC-OFT standard, which is a cross-chain token standard. This allows users to transfer Bitcoin to Aptos across chains using a burn/mint mechanism provided by BitGo. Layer Zero facilitates the cross-chain verification process.
Western Union is exploring stablecoin integration
Western Union CEO Devin McGranahan announced that the company is exploring the possibility of offering stablecoin services in digital wallets and establishing a deposit/withdrawal infrastructure. Stablecoins were highlighted as having significant potential to accelerate cross-border money transfers and serve as a store of value in economically unstable regions.
Berachain launches PoL v2 upgrade, enabling BERA staking rewards
Berachain has launched the PoLv2 upgrade, enabling users to earn protocol-level rewards by staking $BERA directly. Rewards are provided through a PoL-supported buyback mechanism, with a 7-day lock-up period aimed at long-term sustainability.
Tesla restaurant Tesla Diner opens to the public, DOGE payments may be possible
The new Tesla restaurant, Tesla Diner, has officially opened. The venue, which features 80 supercharging stations, offers autonomous vehicle transportation and service by humanoid robot waiters. According to community members, the restaurant may accept $DOGE payments.
New wallet withdraws 1.89 million SPX worth $3.67 million from Bybit
According to OnchainLens data, a newly created wallet withdrew 1.89 million SPX from the Bybit exchange today. The current value of this transfer is approximately $3.67 million.
xTAO is set to go public in Canada, having raised 22.8 million dollars
According to a report by The Block, xTAO, a company within the Bittensor ecosystem, will go public on the Canadian TSXV under the ticker symbol XTAO.U on July 23. The company has secured a total investment of 22.8 million dollars from investors including DCG, Animoca Brands, Arca, Borderless Capital, and FalconX.
GameSquare adds $150 million to its crypto treasury, acquires 8,351 ETH
Nasdaq-listed media company GameSquare (ticker: GAME) announced that it has increased its crypto treasury from $100 million to $250 million and acquired 8,351 ETH at an average price of $3,592.
The company’s total ETH holdings now stand at 10,170, while a $10 million NFT strategy and new strategic partnerships were also announced.
Jito Foundation introduces BAM to optimize transaction ordering on Solana blocks
According to CoinDesk, the Jito Foundation unveiled the Block Creation Market (BAM) system on July 22, which aims to optimize transaction sequencing processes on the Solana blockchain. The system works with TEE technology, which ensures verifiability while maintaining the privacy of transaction strategies. It is planned to be launched on the main network soon.
Polymarket acquires trading platform to return to US market
Polymarket has acquired a trading platform to re-enter the US market. The move is seen as part of the company’s growth strategy to comply with the regulatory environment.
12-day net inflow streak for Bitcoin spot ETFs comes to an end
According to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $131 million as of yesterday. The largest daily outflow was recorded by ARKB (Ark Invest and 21Shares ETF) at $77.45 million. GBTC ETF saw an outflow of $36.74 million.
Ethereum spot ETFs saw net inflows for the 12th consecutive day
According to SoSoValue data, Ethereum spot ETFs saw net inflows of 297 million dollars yesterday, marking the 12th consecutive day of positive performance. The highest inflow was recorded by Fidelity ETF FETH at 127 million dollars. ETHA (BlackRock) followed with an inflow of 102 million dollars.
